Cheesecake Factory Incorporated (The) (CAKE) Financial Statements (2025 and earlier)

Company Profile

Business Address 26901 MALIBU HILLS RD
CALABASAS HILLS, CA 91301
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments561151901545827
Cash and cash equivalent561151901545827
Receivables212236373021
Inventory, net of allowances, customer advances and progress billings585643394739
Inventory585643394739
Prepaid expense634836354441
Other undisclosed current assets103106101766568
Total current assets:301346406341245195
Noncurrent Assets
Operating lease, right-of-use asset1,3021,2691,2411,2511,241
Property, plant and equipment791746742774832913
Long-term investments and receivables      80
Long-term investments      80
Intangible assets, net (including goodwill), including:25225225225343726
Goodwill111178 
Intangible assets, net (excluding goodwill)252252252253 26
Other undisclosed intangible assets, net (including goodwill)(1)(1)(1)(1)359 
Prepaid expense      35
Other noncurrent assets1951631581278665
Total noncurrent assets:2,5402,4292,3932,4062,5961,119
TOTAL ASSETS:2,8402,7752,7982,7472,8411,314
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities303298293269299244
Taxes payable   1
Accounts payable636754586249
Accrued liabilities240231239210237194
Deferred revenue223220211185188
Debt    133128 
Self insurance reserve111415  10
Other undisclosed current liabilities124125117  162
Total current liabilities:661657636586615417
Noncurrent Liabilities
Long-term debt and lease obligation4704681,6841,5041,48010
Long-term debt, excluding current maturities47046846628029010
Liabilities, other than long-term debt1,3921,359147150174203
Deferred rent credit      80
Deferred tax liabilities, net52
Deferred income tax liabilities     34
Other liabilities13712514715014172
Operating lease, liability1,2551,2331,2181,2241,190
Other undisclosed noncurrent liabilities      113
Total noncurrent liabilities:1,8621,8271,8321,6541,654327
Total liabilities:2,5222,4832,4682,2402,269743
Temporary equity, including noncontrolling interest    218  
Equity
Equity, attributable to parent318292330289572571
Common stock111111
Treasury stock, value(1,812)(1,766)(1,703)(1,697)(1,693)(1,642)
Additional paid in capital913887863878856829
Accumulated other comprehensive loss(1)(1)(0)(4)(0)(1)
Retained earnings1,2161,1701,1691,1101,4081,384
Total equity:318292330289572571
TOTAL LIABILITIES AND EQUITY:2,8402,7752,7982,7472,8411,314

Income Statement (P&L) ($ in millions)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues3,4403,3032,9281,9832,4832,332
Cost of revenue(2,130)(2,139)(1,834)(1,424)(1,558)(1,474)
Cost of product and service sold(100)(89)(653)(458)(562)(533)
Gross profit:1,3091,1651,093559925858
Operating expenses(1,201)(1,126)(1,011)(907)(821)(739)
Operating income (loss):1093982(347)104119
Nonoperating income
(Other Nonoperating income)
      
Other undisclosed loss from continuing operations before equity method investments, income taxes      (12)
Income (loss) from continuing operations before equity method investments, income taxes:1093982(347)104107
Income from equity method investments     39 
Other undisclosed loss from continuing operations before income taxes(9)(6)(11)(9)(2) 
Income (loss) from continuing operations before income taxes:1003372(356)140107
Income tax expense (benefit)1101103(13)(8)
Income (loss) from continuing operations:1014372(253)12799
Income (loss) before gain (loss) on sale of properties:72(253)12799
Net income (loss) attributable to parent:1014372(253)12799
Preferred stock dividends and other adjustments   (19)(13)  
Undistributed earnings (loss) allocated to participating securities, basic   5   
Other undisclosed net loss available to common stockholders, basic   (9)(10)  
Net income (loss) available to common stockholders, basic:1014349(277)12799
Other undisclosed net income available to common stockholders, diluted   0   
Net income (loss) available to common stockholders, diluted:1014349(277)12799

Comprehensive Income ($ in millions)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):1014372(253)12799
Comprehensive income (loss):1014372(253)12799
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(1)3(3)1(1)
Comprehensive income (loss), net of tax, attributable to parent:1024276(257)12898

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: